- OKX DEX aggregator is back online with real time abuse detection and new wallet tracking tools.
- The platform now blocks hacker linked addresses and alerts users about risky transactions instantly.
- OKX added wallet behavior labels like whale and sniper to help users identify high risk accounts.
OKX has resumed operations of its decentralized exchange (DEX) aggregator after a pause that lasted since March. The platform went offline to prevent further misuse linked to North Korea’s Lazarus Group. The relaunch follows major security upgrades designed to block similar incidents.
Real-Time Threat Detection Introduced
The new system includes a real-time abuse detection tool that blocks suspicious behavior instantly. OKX said the upgraded features allow better monitoring of malicious onchain activities. The platform now categorizes risky transactions and alerts users before they are processed.
Security enhancements include a dynamic address database that blocks known hacker-linked wallets. OKX reported that the system actively flags interactions from addresses with a history of fraud. Analysts say this approach increases transparency and reduces risk exposure for Web3 users.
DEX Aggregator Now Identifies Risky Wallets
One of the latest features classifies wallets by user behavior. OKX can now label wallets as potential whales or snipers. These identifiers help users assess market impact before trading with high-volume wallets. It also supports decision-making in volatile conditions.
The exchange also reaffirmed that its infrastructure has been tested through a bug bounty program. Multiple blockchain security firms, including CertiK, Hacken, and SlowMist, have verified the system. These measures aim to boost user trust in the aggregator’s security framework.
Response to Past Exploit Still Ongoing
OKX paused the aggregator in mid-March after discovering that Lazarus Group exploited the system. The firm promised a complete review and implementation of security upgrades. At that time, they also began developing a new hacker tracking tool. That system now forms part of the security upgrade.
Meanwhile, regulatory attention has increased across the sector. In March, European Union authorities began investigating OKX’s wallet services. The probe followed claims of a connection to laundering funds from the $1.4 billion Bybit hack. OKX denied any custodial role in that incident and clarified that it only offered aggregation services.
Other Exchanges Affected by Same Hack
The Lazarus-linked hack continues to affect other exchanges. On May 1, crypto platform eXch shut down following reports it processed stolen assets. While eXch initially denied those claims, it later confirmed that some funds came from the February breach.
The OKX aggregator’s return marks a step forward in platform security amid growing cyber threats. The new upgrades aim to restore confidence among users and regulators alike.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed